Posts Tagged ‘Waggener Edstrom’

More than 90% of organisations that implement a content marketing strategy see a significant business impact through increased web traffic and sales leads. That’s according to a new report by integrated communications agency Waggener Edstrom Worldwide.

The study, Content Marketing: Puncturing the Hype and Getting Practical, examined the perceptions of content marketing and the potential impact it can have on a company’s growth.

The report’s key findings include:

The majority (85%) of communication professionals currently using a content marketing strategy do so to promote awareness of their brand, closely followed by increasing engagement with customers (79%) and generating sales leads (77%).

70% of marketers understand that content marketing helps drive sales leads more effectively, but 18% still have no plans to implement a strategy and over one third (38%) still question whether it can deliver measurable return on investment.

A lack of staff resources was identified as the number one challenge in implementing an effective content marketing strategy (63%), closely followed by lack of budget (48%) and lack of content creation expertise (41%).

79% believe a strong content marketing strategy will help them use social media more effectively, followed by video and animation (70%) and news articles (62%).

The report also reveals that businesses are setting metrics to track success and prove the value of good content. Over three quarters (83%) measure the effectiveness of content through web traffic, while 67% measure through media coverage and just over half (56%) through click analysis.

Chris Talago, executive vice president and general manager EMEA at Waggener Edstrom, believes content marketing enables organisations to engage with audiences and prove their worth as a trusted source of information.

“It has had a transformative effect on the way brands reach and retain their customers,” says Talago. “But with so many voices, getting to grips with content marketing best practice is not easy.”

He adds: “Our research suggests that businesses are starting to understand the potential ROI content marketing can generate, but before this impact is fully realised, factors including budget and staffing need to be addressed.”

Ricardo Adame, corporate vice president of global communications at AVG Technologies, says measurement has always been key to demonstrating the success of his company’s marketing programmes. However, he believes content marketing provides an opportunity to be even more accurate.

“By defining our metrics carefully and building in additional measures to provide context,” says Adame, “a detailed picture is created that enables us to measure the ROI after a campaign has completed and adjust our approach during its lifespan to achieve maximum impact.”

The Content Marketing: Puncturing the Hype and Getting Practical report is based on a survey of more than 160 marketing and communication professionals with decision-making responsibilities across the UK, France, Germany and South Africa. The full results can be found at: www.waggeneredstrom.com.